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Walmart says it will invest $350 billion in US manufacturing over the next decade

Walmart says it will invest $350 billion in US manufacturing over the next decade
fkhaled@businessinsider.com (Fatma Khaled)
© Kena Betancur/VIEWpress via Getty Images
Kena Betancur/VIEWpress via Getty Images
Walmart says its investment could create up to 750,000 new jobs over the next decade.
Walmart will focus on certain products including plastics, textiles, and medical supplies.
The retailer will also launch the American Lighthouses initiative to help overcome barriers to US manufacturing.
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More businesses are choosing to establish their manufacturing operations in the United States, and the result is more jobs for Americans - a lot more jobs, Walmart s President and CEO John Furner said on Wednesday. ....

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Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here's everything we know.

Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here s everything we know.
bjones@businessinsider.com (Benji Jones)
© Mark Schiefelbein/Getty; Skye Gould/Business Insider
Exxon CEO Darren Woods Mark Schiefelbein/Getty; Skye Gould/Business Insider
Exxon slashed spending and is shrinking its workforce after a punishing 2020.
Here s everything we know about the cuts, from layoffs to reduced employee benefits.
Do you have information about Exxon? Reach out to this reporter by email or through Signal at 646-768-1657.
Exxon Mobil suffered a historic blow in 2020, as the pandemic dried up demand for its products at a time when the company s stock was already in decline. For the first time ever, Exxon reported four straight quarters of loss amounting to more than $22 billion for the full year. ....

Mouhtaropoulos Getty , Mark Schiefelbein Getty , Kena Betancur Viewpress Corbis , Woods Mark , Business Insider Exxon , Business Insider , Getty Images Kena , Getty Images , Getty Images Dean , குறி ஸ்ச்சிஎபெல்பேன் கெட்டி , வூட்ஸ் குறி , வணிக உள் எக்ஸான் , வணிக உள் , கெட்டி படங்கள் கென , கெட்டி படங்கள் , கெட்டி படங்கள் டீன் ,

10 reasons why investors should buy the dip in Walmart, which has 31% upside potential, according to BofA

10 reasons why investors should buy the dip in Walmart, which has 31% upside potential, according to BofA
mfox@businessinsider.com (Matthew Fox)
© Kena Betancur/VIEWpress via Getty Images
Kena Betancur/VIEWpress via Getty Images
Walmart s 6% decline on Thursday presents investors with an attractive buying opportunity for investors, Bank of America said in a note on Friday.
The bank raised its price target on the retailer to $180, representing upside potential of 31% from Thursday s close.
Detailed below are the top 10 reasons why investors should buy Walmart, according to Bank of America.
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But Bank of America says the sell-off represents an attractive opportunity for investors to buy the dip in shares of Walmart, according to a Friday note. ....

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Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here's everything we know.

Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here s everything we know.
bjones@businessinsider.com (Benji Jones)
© Mark Schiefelbein/Getty; Skye Gould/Business Insider
Exxon CEO Darren Woods Mark Schiefelbein/Getty; Skye Gould/Business Insider
Exxon slashed spending and is shrinking its workforce after a punishing 2020.
Here s everything we know about the cuts, from layoffs to reduced employee benefits.
Do you have information about Exxon? Reach out to this reporter by email or through Signal at 646-768-1657.
Exxon Mobil suffered a historic blow in 2020, as the pandemic dried up demand for its products at a time when the company s stock was already in decline. For the first time ever, Exxon reported four straight quarters of loss amounting to more than $22 billion for the full year. ....

Mouhtaropoulos Getty , Mark Schiefelbein Getty , Kena Betancur Viewpress Corbis , Woods Mark , Business Insider Exxon , Business Insider , Getty Images Kena , Getty Images , Getty Images Dean , குறி ஸ்ச்சிஎபெல்பேன் கெட்டி , வூட்ஸ் குறி , வணிக உள் எக்ஸான் , வணிக உள் , கெட்டி படங்கள் கென , கெட்டி படங்கள் , கெட்டி படங்கள் டீன் ,